Category: Irish Politics

Finally. The head of the Financial Regulator will “retire” from January 31, 2009. He should have fallen on his sword a long time ago. Here is in a bizarre interview in October: There is something odd about all of this though. Back in December, the Financial Regulator issued a statement: The Financial Regulator became aware,…

The redesigned FP site is really very good. And their recently hired bloggers have been creating a stir. But what is this from Stephen Walt? The UK has produced any number of world-class rock bands and artists: the Beatles, Stones, Kinks, Who, U-2, Sex Pistols, Van Morrison, Cream, Elvis Costello, Eurythmics, David Bowie, etc., so…

Anthony has a mega-post detailing what he calls the denial pervasive in Ireland with regard to the dysfunctional nature of our so-called democracy. For sheer quotes alone it is worth a read. The Financial Times is correct, Ireland is a banana republic. It is a corrupt state not just because of the extent of corruption…

For some reason or another my blog is reasonably highly ranked for the above mentioned former hack. There has been a distinct spike in traffic thanks no doubt to the New York Times article about her husband Sean Dunne. It’s an interesting piece. I particularly liked this passage from the ESRI: “We have repeatedly warned…

“The Irish banks are so well capitalised compared to any banks anywhere across Europe that I am confident they can absorb any loans or any impairments that emerge in the ordinary course of business.” Sigh. This is what Neary had to say on October 2, 2008. Just a few short weeks later and the Government…

I see new Anglo Irish chairman Donal O’Connor has seen fit to resign from his position at the Dublin Docklands Development Authority. John Gormley accepted his resignation today. Mr O’Connor served as Chairman of the DDDA since the middle of 2007. In a statement the DDDA said: He has made this decision in light of…

Watching these three fumble around brought to mind a certain image. They remind of three drunken louts, staggering their way through Templebar, bumping into each other, into walls, into rubbish bins, and the further they walk the more likely it is that all three will, at varying times, collapse face first in a pool of…

Back in October, someone calling themselves Deepthroat posted on the property forum thepropertypin.com. Some called him (or her) a crank, but others had their curiosity piqued. I for one welcome our own deepthroat, but wonder if the language could be a little more transparent. The earlier posts in October seem to indicate the Fitzpatrick debacle…

The resignations at Anglo Irish Bank continue, as chief executive David Drumm resigns. The bank may need recapitalisation or nationalisation before next Monday.